Valeura Energy Inc T.VLE

Alternate Symbol(s): VLERF

Energy Oil & Gas E&P

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora field) and G11/48 (Nong Yao field). It holds a 100% operating interest in license B5/27 containing the producing Jasmine and Ban Yen oil fields. It holds an operated 70% working interest in license G1/48 containing the Manora oil field, which produces approximately 2,935 barrels per day (bbls/d) of medium-weight sweet crude oil. The Company holds interests ranging from 63% through 100% in various leases and licenses in the Thrace basin. The Company also operates Floating Storage and Offloading (FSO) vessel Aurora, location at Nong Yao field, offshore Gulf of Thailand.

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Valeura Energy Inc > YE 2022 Financials on March 30

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Post by energeeon Mar 22, 2023 12:57pm

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Post# 35354002

YE 2022 Financials on March 30

Very interested in seeing how they deal with the value of the SPV at YE. Not sure they can accrue until deal was closed but with an effective date of Sept 1, 2022 all that net production revenue, less CAPEX, less deposits for ARO, tax (?), G&A will be within the SPV envelope.

Waiting to see how big the bank account is today based on this statement from todays News Release "All net economic benefits accumulated from September 1, 2022 are included within the acquired entity."

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